GeneralBullishBlockonomi · 4h ago6/10
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Raytheon’s $100M Defense Facility Upgrade Powers RTX (RTX) Stock Momentum
Raytheon Technologies (RTX) is investing $100 million to expand its Portsmouth facility, focusing on production of Patriot missiles and LTAMDS radar systems. The expansion will create 150 new jobs and increase defense manufacturing capacity, supporting stock momentum for the aerospace and defense contractor.